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Simple Interest Rate Worksheet

Percentage lesson 19: Simple interest and the rate · Set 676 · 40 questions
TalentJR

How to work it out (P × R × T over 100): Simple interest SI = P × R × T ÷ 100 (P = money kept, R = rate % a year, T = years). Amount = P + SI. Rate R = SI × 100 ÷ (P × T); time T = SI × 100 ÷ (P × R).

NameDateTime takenScore ___ / 40
  1. 1.₹4000 earns ₹320 simple interest at 8% a year. For how many years was it kept?
  2. 2.Dev keeps ₹500 in a bank at 4% simple interest a year. How many rupees of interest does Dev get in 3 years?
  3. 3.₹1500 earns ₹120 simple interest at 8% a year. For how many years was it kept?
  4. 4.₹1000 earns ₹60 simple interest in 1 year. What is the rate of interest per year, in percent?
  5. 5.₹500 earns ₹20 simple interest at 4% a year. For how many years was it kept?
  6. 6.₹4000 earns ₹1120 simple interest at 7% a year. For how many years was it kept?
  7. 7.₹3000 earns ₹240 simple interest at 4% a year. For how many years was it kept?
  8. 8.Diya keeps ₹1500 in a bank at 9% simple interest a year. How many rupees of interest does Diya get in 1 year?
  9. 9.₹1000 earns ₹120 simple interest in 3 years. What is the rate of interest per year, in percent?
  10. 10.Ishaan keeps ₹2500 in a bank at 2% simple interest a year. How many rupees of interest does Ishaan get in 4 years?
  11. 11.Dev keeps ₹1000 in a bank at 7% simple interest a year. How many rupees of interest does Dev get in 4 years?
  12. 12.Sara keeps ₹3000 in a bank at 6% simple interest a year. How many rupees of interest does Sara get in 1 year?
  13. 13.Isha keeps ₹500 in a bank at 10% simple interest a year. How many rupees of interest does Isha get in 3 years?
  14. 14.₹500 earns ₹50 simple interest in 2 years. What is the rate of interest per year, in percent?
  15. 15.₹500 earns ₹30 simple interest in 2 years. What is the rate of interest per year, in percent?
  16. 16.₹2000 earns ₹500 simple interest in 5 years. What is the rate of interest per year, in percent?
  17. 17.₹2500 earns ₹100 simple interest in 1 year. What is the rate of interest per year, in percent?
  18. 18.Sara keeps ₹1000 in a bank at 8% simple interest a year. What is the total amount after 5 years, in rupees?
  19. 19.₹4000 earns ₹640 simple interest at 8% a year. For how many years was it kept?
  20. 20.Riya keeps ₹2500 in a bank at 12% simple interest a year. How many rupees of interest does Riya get in 5 years?
  21. 21.Kabir keeps ₹1000 in a bank at 3% simple interest a year. How many rupees of interest does Kabir get in 2 years?
  22. 22.₹1500 earns ₹165 simple interest in 1 year. What is the rate of interest per year, in percent?
  23. 23.₹4000 earns ₹240 simple interest in 2 years. What is the rate of interest per year, in percent?
  24. 24.Anaya keeps ₹2500 in a bank at 12% simple interest a year. What is the total amount after 1 year, in rupees?
  25. 25.₹1500 earns ₹150 simple interest at 10% a year. For how many years was it kept?
  26. 26.₹2500 earns ₹200 simple interest at 4% a year. For how many years was it kept?
  27. 27.₹3000 earns ₹480 simple interest in 4 years. What is the rate of interest per year, in percent?
  28. 28.Isha keeps ₹4000 in a bank at 9% simple interest a year. How many rupees of interest does Isha get in 2 years?
  29. 29.Riya keeps ₹1000 in a bank at 9% simple interest a year. How many rupees of interest does Riya get in 5 years?
  30. 30.Arjun keeps ₹3000 in a bank at 10% simple interest a year. How many rupees of interest does Arjun get in 4 years?
  31. 31.Riya keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?
  32. 32.Aarav keeps ₹2500 in a bank at 2% simple interest a year. What is the total amount after 4 years, in rupees?
  33. 33.₹3000 earns ₹180 simple interest in 2 years. What is the rate of interest per year, in percent?
  34. 34.₹2500 earns ₹225 simple interest at 3% a year. For how many years was it kept?
  35. 35.₹3000 earns ₹1650 simple interest at 11% a year. For how many years was it kept?
  36. 36.₹2500 earns ₹625 simple interest at 5% a year. For how many years was it kept?
  37. 37.₹1500 earns ₹60 simple interest at 4% a year. For how many years was it kept?
  38. 38.Anaya keeps ₹1500 in a bank at 12% simple interest a year. What is the total amount after 3 years, in rupees?
  39. 39.₹1000 earns ₹100 simple interest in 2 years. What is the rate of interest per year, in percent?
  40. 40.Aarav keeps ₹4000 in a bank at 10% simple interest a year. What is the total amount after 3 years, in rupees?

Answer key

  1. 1
  2. 60
  3. 1
  4. 6
  5. 1
  6. 4
  7. 2
  8. 135
  9. 4
  10. 200
  11. 280
  12. 180
  13. 150
  14. 5
  15. 3
  16. 5
  17. 4
  18. 1400
  19. 2
  20. 1500
  21. 60
  22. 11
  23. 3
  24. 2800
  25. 1
  26. 2
  27. 4
  28. 720
  29. 450
  30. 1200
  31. 5200
  32. 2700
  33. 3
  34. 3
  35. 5
  36. 5
  37. 1
  38. 2040
  39. 5
  40. 5200

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